Why is JBM Auto falling/rising?

As of 26-Aug, JBM Auto Ltd's stock price is currently at 616.05, reflecting a decline of 19.2 points, or 3.02%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total drop of 3.47% during this period. It is trading below all key moving averages, indicating a bearish trend. Additionally, the stock has shown a significant decline in returns over various periods, including a 6.35% drop over the last month and a staggering 34.89% decrease over the past year. While the company has demonstrated healthy long-term growth with net sales increasing by 29.12% annually, its recent financial performance has raised concerns, particularly with a high Debt to EBITDA ratio of 3.86 times and negative results reported in June, including an 81.1% fall in profit before tax.
In the broader market context, JBM Auto's performance has been notably weaker than the benchmark, with a one-year return of -34.89% compared to the BSE500's decline of only -3.87%. This stark contrast highlights the stock's struggles relative to the market. The stock's liquidity appears adequate, with a notable increase in delivery volume, suggesting some investor interest despite the overall negative sentiment. However, the low stake held by domestic mutual funds, at just 0.24%, may indicate a lack of confidence in the stock's current valuation and future prospects, further contributing to its downward pressure in the market.